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Tether and Circle now hold over $210B in reserves—more than some brokerages, but far behind banks like JPMorgan with $2T+ in ...
On Tuesday, the CEOs of JPMorgan Chase and Citigroup indicated that their banks may get involved in stablecoins, a signal of rising interest among TradFi for the burgeoning crypto technology.
Figure Technology Solutions, a startup that makes home loans on its blockchain and runs a crypto exchange, is planning to go public this fall, Figure co-founder Mike Cagney said. Figure is part of a ...
Wells Fargo (WFC) plans to boost its quarterly dividend by 12.5% to $0.45 per share from its current level of $0.40, the company said on Tuesday.
As reported earlier, companies owned by Wall Street giants such as JP Morgan Chase, Bank of America, Citigroup, and Wells Fargo are also considering launching a joint stablecoin. As per DeFiLlama, the ...
Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.
Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of restrictions related to its fake-accounts scandal.
As earnings season kicks off on Tuesday, Wall Street seeks clues on whether big-bank stocks merit more gains after outperformance.
With its asset cap lifted, Wells Fargo bank CFO Mike Santomassimo outlines key plans for growth in wealth management, consumer banking, and investments.
Regulatory caps that limited growth have been lifted, freeing Wells Fargo to pursue new business. The caps cost the bank billions in profits during the years they were in place. Wells Fargo ...
Wells Fargo shares are trading higher by 1.28% during Tuesday's session. The company unveiled a new $40 billion stock repurchase program.
Wells Fargo Chief Executive Charlie Scharf said companies remain in solid shape but are bracing for more potential turmoil from tariffs.
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